After reading it, I felt like a enlightenment, realizing that I used to focus only on macro liquidity and narratives, often neglecting the power of consensus. In meme trading, I always thought that as long as macro liquidity and narratives were good, retail investors and big players would enter the market, but I often overlooked whether the consensus was still there. Looking back now, it was this issue that caused me to experience multiple setbacks.
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After reading it, I felt like a enlightenment, realizing that I used to focus only on macro liquidity and narratives, often neglecting the power of consensus. In meme trading, I always thought that as long as macro liquidity and narratives were good, retail investors and big players would enter the market, but I often overlooked whether the consensus was still there. Looking back now, it was this issue that caused me to experience multiple setbacks.